Arthur Hayes: Bitcoin is a long term game, and the mentality of "getting rich overnight" is not advisable.

Arthur Hayes, a figure in the encryption industry, has once again issued a warning to Crypto Assets investors, urging them to remain patient. He pointed out that Bitcoin is a long-term wealth transfer mechanism, not a "get rich quick" lottery. Hayes emphasized that, although the current price of Bitcoin is below its historical peak, it remains the best asset to combat currency devaluation in the long run, with long-term performance far exceeding that of traditional markets such as gold and stocks.

Bitcoin is not a tool for "getting rich overnight"

Arthur Hayes, a senior executive in the encryption industry, recently criticized the prevalent short-sighted mentality in the Crypto Assets sector during an interview with Kyle Chasse. He stated: "If you think that buying Bitcoin yesterday means you can go shopping for a Lamborghini the next day, you will likely get liquidated because that is not the correct way of thinking."

Hayes' viewpoint is straightforward, yet it stands in stark contrast to the current culture of seeking "dopamine" on crypto social media. He believes that Bitcoin is a long-term game. Those who bought in two years ago, five years ago, or ten years ago are laughing heartily today, while those who only expect "a surge in six months" are lamenting why Bitcoin hasn't reached $150,000 yet.

Long-term Value: Superior to Traditional Assets

Despite the current trading price of Bitcoin being around $115,400, which is still below its historical high of $124,100 reached in August 2025, while traditional assets such as gold and the S&P 500 have reached new highs during the same period, this is fundamentally not an issue according to Hayes.

He pointed out: "From the perspective of currency depreciation, Bitcoin is the best-performing asset of all time." He emphasized that priced in gold, the S&P 500 has still not recovered from the crisis of 2008, while Bitcoin's long-term performance has been exceptionally strong, "you can't even see (other assets) on the chart." According to data from Curvo, Bitcoin's annualized return over the past decade has reached an astonishing 82.4%.

Market Mindset: Patience is the Key to Success

Hayes believes that the crypto industry has attracted too many speculators who only want to "get rich quick." He tries to remind these people that Bitcoin is not a scratch-off lottery ticket, but a wealth transfer mechanism that has lasted for decades.

He emphasized that patience is the key to success. Although short-term Lamborghini memes and hype can attract attention, true wealth accumulation requires a deep understanding and holding of long-term value. If you view Bitcoin as the former, you will ultimately fail; if you view it as the latter, you might really own a Lamborghini – but certainly not tomorrow.

Conclusion

Arthur Hayes's frank remarks about the crypto market serve as a wake-up call to an industry filled with short-term speculation and restlessness. His core message is very clear: the true value of Bitcoin lies in its role as a revolutionary, long-term store of value. Although the market has a strong desire for quick returns, only those investors with vision and patience, who focus on long-term fundamentals, can emerge as the ultimate winners in this long-term game.